Robert Haas, Financier and Aerial Photographer, Dies at 74
He specialized in leveraged buyouts in the 1980s, shot distant landscapes and wildlife from helicopters, then collected so many motorcycles that he opened a museum.
He specialized in leveraged buyouts in the 1980s, shot distant landscapes and wildlife from helicopters, then collected so many motorcycles that he opened a museum.
Mike Jakeman reviews Arriving Today, by Christopher Mims, a study of the global logistics industry.
As fund managers race to meet surging demand for sustainable investment, regulators are getting tough on greenwashing. Plus: activist shareholders make their mark; sin stocks; ESG with Chinese characteristics; climate-friendly pensions; is crypto a no-no? Source
UK startup studio Founders Factory and UK innovation agency Nesta are joining forces to create startups to tackle social and environmental problems in the country. The partnership, dubbed ‘Mission Studio’, will tackle such problems a halving obesity rates, loneliness, and aim to slash household carbon emissions by 28%. The venture builder will support Nesta’s broader … Read more
Persistently high inflation is a problem for the Fed and the White House.
Sales of surveillance or monitoring technology have skyrocketed since working at home became the norm for millions of people. Is this a good or bad thing? Those watched tend to be more productive but also more stressed.
Rishi Sunak’s bid to increase investment into UK infrastructure and tech companies by shifting workers’ pension pots into higher-fee private equity funds risks benefiting financiers rather than savers or the wider economy, investors have warned. The chancellor is seeking to relax rules that stop workers auto-enrolled into workplace pensions from having their savings funnelled into … Read more
January 2020 seems like a long time ago: Billie Eilish swept the Grammy Awards, Tesla’s market cap made it America’s most valuable car company, and Visa announced plans to purchase Plaid for $5.3 billion. A year later, the credit card giant balked at the deal after it attracted regulatory scrutiny, but Ryan Lawler reports that … Read more
A big reason for the gains is investments with private equity firms, which in some years have received more in fees than endowments have paid out in tuition help.
The mistaken idea that power is something that leaders possess by force of personality or positional authority opens them up to pitfalls, such as hubris, arrogance, and omnipotence. A preventative solution can be found in power dependence theory, according to organizational behavior professors Julie Battilana and Tiziana Casciaro. They advise pegging power to resources, not people, and exercising it using four strategies: attraction, consolidation, withdrawal, and expansion.